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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Which method will reverse accruals in the next accounting period?

A) Create two events, one for accrual and another for the reversal.
B) Create one entry and use Accrual Reversal GL Date.
C) Create one event and use the GL functionality to perform the reversal.
D) Create one event and use the Accounting Reversal attribute.

2. Identify the option that needs to be selected at the header level when assigning a header level subledger Journal Rule Set.

A) Description
B) Supporting Reference
C) Ledger
D) Accounting Date
E) Currency

3. Where can a multidimensional analysis of accounting balances be performed online?

A) Requisition Overview
B) Account Monitor and Account Inspector
C) Project Analytics
D) Revenue Influenced by Program
E) Forecast and Actual versus Quota

4. Which attribute does NOT need to be considered when creating intercompany transaction?

A) Default Organization contact
B) Legal Entity
C) Default Transaction Type
D) Receivables and Payables Business Units

5. Fusion Accounting Hub includes Hyperion Data Management, which can be used for_______________.

A) the maintenance of Trading Community Data
B) data access and security
C) data modeling
D) Chart of Accounts Master Data maintenance
E) Chart of Accounts Hierarchy maintenance

Solutions: